FINTECH VALUATION: Deja vu all over again
The overvaluation of Fintech companies and subsequent much lower valuations seems like a variation of the dot-com bubble although the valuations in fintech's case don't approach those that were common in the internet bubble. However, there are clear similarities including the lack of attention to the business feasibility of many start-ups, the star-like attraction of the technology, and the crowding effects, especially in an environment of easy money and absence of investment alternatives. The prominent issue is what will happen after the inevitable shakeout, which has already started.
